Copyright © 2025 KAP
Central Securities Depository & Trade Repository of Türkiye
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Cash Dividend Payment Amount and Rates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Dates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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(1) The date that the dividend will be paid and the share will start trading without dividend right (proposed). | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(2) The date that the dividend will be paid and the share will start trading without dividend right (finalized). | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(3) Date of entry to the accounts of the shareholders whose shares are traded on the stock exchange. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(4) Date of determination of the right holders of the type of shares traded on the stock exchange. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Amount and Rate of Cash Dividend Stock Dividend Payment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Additional Explanations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
At the meeting of our Board of Directors dated 28.03.2025; Regarding the accounting period 01.01.2024-31.12.2024 of our company, it has been determined that: i. According to the independently audited consolidated financial statements prepared on the basis of Turkish Financial Reporting Standards ("TFRS") in accordance with the Capital Markets Board's "Communiqué on Principles Regarding Financial Reporting in Capital Markets" numbered II - 14.1, the consolidated net distributable profit attributable to the parent company shares is TRY 1,023,611,000, and the net distributable profit including donations is TRY 1,023,699,408, ii. According to the statutory financial statements prepared in accordance with the provisions of the Tax Procedure Law ("TPL"), the net profit for the period is TRY 1,280,114,220. After deducting prior year commercial losses amounting to TRY 334,515, the distributable profit base has been calculated as TRY 1,279,779,705. In addition to this amount, the statutory financial statements prepared in accordance with the TPL indicate prior year losses amounting to TRY 13,986,775,693 arising from inflation adjustment practices. However, there is a sufficient amount of Inflation Adjustment Differences under Equity Accounts to offset the total amount of TRY 13,986,775,693 TL, iii. According to the first paragraph of Article 519 of the Turkish Commercial Code, the general legal reserve to be set aside at a rate of 5%, as the amount in the legal records has reached 20% of the issued capital, no general legal reserve will be allocated for the year 2024 under this provision. Considering the above matters and regarding the distribution of our company's 2024 fiscal year profit; in accordance with the Capital Markets Legislation, the provisions of the Articles of Association, and our Profit Distribution Policy, 1) To distribute a cash dividend amounting to TRY 1,200,000,000 TL, corresponding to 175% of the Company's issued capital, 2) According to the financial statements prepared in accordance with TFRS, to pay a total cash dividend of 1,200,000,000 TL to shareholders, of which 933,670,273 TL will be covered from the net distributable profit for the period and the remaining balance from prior years' profit, 3) According to the statutory records prepared under the provisions of TPL, whereas no setoff shall be made amongst the equity account items related to the effects of inflation accounting, to cover TRY 1,200,000,000 of the total cash dividend of TRY 1,166,550,914 from the net distributable profit and the remaining balance from extraordinary reserves, 4) Allocation of the legal reserve to be set aside in accordance with Article 519, Paragraph 2, Subparagraph (c) of the Turkish Commercial Code, 5) To pay dividends to our full taxpayer real person shareholders and our limited taxpayer real and legal person shareholders at the net rate found after deducting the withholding tax rates in the tax laws, with giving gross 175% in cash to a share with a nominal value of TRY 1, 6) To start the distribution on 14 May 2025, It has been decided to present a proposal to our shareholders at the Ordinary General Assembly Meeting for the year 2024. This statement has been translated into English for informational purposes. In case of a discrepancy between the Turkish and the English versions of this disclosure statement, the Turkish version shall prevail. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIVIDEND DISTRIBUTION TABLE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
EİS ECZACIBAŞI İLAÇ SINAİ VE FİNANSAL YATIRIMLAR SANAYİ VE TİCARET A.Ş. 01.01.2024/31.12.2024 Period Dividend Payment Table (TL) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Payment Rates Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dividend Rate Table Explanations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(*) The net values of dividends per share have been calculated with the assumption that the dividends are distributed to the full taxpayer real person shareholders and there is no earning that is subject to any exemption in the distribution, thus accepting the withholding rate at 15% in accordance with the Presidential Decision dated 21/12/2024 and numbered 2024/9286. (**) The net profit of the parent company is considered as the net distributable current period profit. |
We proclaim that our above disclosure is in conformity with the principles set down in “Material Events Communiqué” of Capital Markets Board, and it fully reflects all information coming to our knowledge on the subject matter thereof, and it is in conformity with our books, records and documents, and all reasonable efforts have been shown by our Company in order to obtain all information fully and accurately about the subject matter thereof, and we’re personally liable for the disclosures.
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